Back in November (2014) I closed on my first REI property.  A 'turnkey' duplex in Chicago.  I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...

Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...

I've wholesaled property in the past and I've learned to keep the purchase price + repairs + my fee around or under 65% of the ARV. Usually my buyers were generally happy with this price.Well I've just come across sel...

On December 2, I closed on a 7 unit apartment building. When I made the offer, I saw a lot of things, but the two most common were disaster and potential. Due to the size of the place, the insane income numbers, and t...

I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...

I have a very nice urban property up for rent. The clients that often apply to my city homes have POOR credit.. so I NEVER judge an applicant based on their credit score, I have removed that judgement from my process....

Fannie Mae and Freddie Mac are searching for methods to open homeownership to low income borrowers. (This is not for investors) There is a trend to use attorney opinion letters rather than title insurance. The title i...

What are the best cities to buy investment property? Here is a recent article that precisely answers that question. Agree or Disagree? For the newbies out there, this will narrow your choices and make things simple.Te...

I was just wondering how everyone started their endeavors into the Real Estate world. How old were you, what was your first deal, and just what brought you into Real Estate. Just thought this might be interesting fo...

Let's say you are a brand new investor. You are 40 years old and you have a family. You have $80K in your savings account, and you decide you want to invest in real estate.
Knowing what you know now, what would you...